Equinix plans $100 mn investment in data center in Toronto

Equinix has invested $42 million in its data center in Toronto, Ontario to date and will invest over $100 million in five phases in the coming years.

TR2 data center will serve companies doing business in Canada’s largest financial, networking and cloud computing market.

Some of the recent data center clients of Equinix include foreign exchange broker Oanda in TR2 and network service providers such as Rogers, Telus, Cogeco, Allstream, Cogent, Beanfield and CFN Networks. TR2 has access to TorIX, the Toronto Internet Exchange, the largest Internet Exchange Point in Canada with over 180 members.

Equinix plans $100 mn investment in data center in Toronto

Recently, Equinix has announced data centers in London, New York, Singapore and Melbourne and Rio de Janeiro.

The TR2 IBX data center has nearly 34,000 square feet (3,158 square meters) of colocation space in its initial phase with 675 cabinets available to customers. Equinix plans approximately 106,000 square feet (9,847 square meters) of colocation space and 2,500 cabinets in phases.

Karl Strohmeyer, president, Equinix Americas, said: “Our new data center, TR2, combines superior network density, best-in-class design and direct access to diverse routes in and out of the metro for mission critical applications. Leading companies are accelerating their business across Platform Equinix and TR2 extends this opportunity in a top international market.”

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